​The Second Step of the Strategy Process Is Defining the Customer____________________for

question 52

Short Answer

​The second step of the strategy process is defining the customer____________________for target customer segments, in effort to generate revenue from existing customers.

---

Definitions:

Normally Open

A configuration in electrical contacts indicating the default state is non-conductive, closing to complete a circuit when activated.

Inhibit

To prevent or restrict a specific action or operation, often used in the context of controlling processes or reactions.

Enable

To make a device or system operational; to allow a process or function to proceed.

Permanent Contact

A type of electrical contact that remains closed to ensure a constant flow of electricity, typically used in switches or relays.